SCANDINAVIAN VISION SCIENCE AND TECHNOLOGY AS

4823 NEDENES

Finances

Share Ownership

Return on Equity

43,07 %

Current Ratio

3,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 307 000	1 539 000	511 000	0
Net Income	528 000	592 000	116 000	−16 000
Total Assets	1 462 000	1 010 000	200 000	1 000
Total Equity	1 226 000	698 000	106 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 307 000	1 539 000	511 000	0
Expenditure	582 000	795 000	394 000	16 000
Operating Profit	725 000	744 000	116 000	−16 000
Financial Income	4 000	12 000	0	0
Financial Costs	40 000	0	0	0
Financial Balance	−36 000	12 000	0	0
Earnings Before Tax	689 000	755 000	116 000	−16 000
Tax	160 000	164 000	1 000	0
Net Income	528 000	592 000	116 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	591 000	42 000	0	0
Total Current Assets	871 000	967 000	200 000	1 000
Total Assets	1 462 000	1 010 000	200 000	1 000
Total Retained Equity	1 126 000	598 000	6 000	−110 000
Total Equity	1 226 000	698 000	106 000	−10 000
Total Long-Term Debt	1 000	3 000	0	0
Total Current Debt	235 000	309 000	94 000	11 000
Total Equity and Debt	1 462 000	1 010 000	200 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 307 000	1 539 000	511 000	0
Other Income	0	0	0	0
Revenue	1 307 000	1 539 000	511 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	452 000	705 000	304 000	0
Depreciation	14 000	0	0	0
Impairment	0	0	0	0
Expenditure	582 000	795 000	394 000	16 000
Operating Profit	725 000	744 000	116 000	−16 000
Financial Income	4 000	12 000	0	0
Financial Costs	40 000	0	0	0
Financial Balance	−36 000	12 000	0	0
Dividends	0	0	0	0
Net Income	528 000	592 000	116 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	42 000	0	0
Total Tangible Assets	28 000	42 000	0	0
Total Fiancial Fixed Assets	563 000	0	0	0
Total Fixed Assets	591 000	42 000	0	0
Stock	0	0	0	0
Total Investments	476 000	512 000	0	0
Cash, Bank	392 000	456 000	200 000	1 000
Total Current Assets	871 000	967 000	200 000	1 000
Total Assets	1 462 000	1 010 000	200 000	1 000
Total Equity	1 226 000	698 000	106 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	3 000	0	0
Creditors	4 000	2 000	3 000	11 000
Unpaid Taxes	7 000	53 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	62 000	93 000	50 000	0
Total Current Debt	235 000	309 000	94 000	11 000
Total Equity and Debt	1 462 000	1 010 000	200 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,07 %	84,81 %	109,43 %	160 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	55,47 %	48,34 %	22,7 %	-
Current Ratio	3,71	3,13	2,13	0,09
Quick Ratio	3,71	3,13	2,13	0,09
Equity Ratio	0,84	0,69	0,53	−10
Gross Profit Margin	100 %	100 %	100 %	-